The European insurance sector has expressed its misgivings about the new proposal of the European Commission to bring in a common consolidated corporate tax base (CCCTB) in two stages, leaving consolidation for later.
In a position paper released to the press on Tuesday 21 February, Insurance Europe, which represents the sector, mainly flags up the changes the Commission has made to facilitate the adoption of the proposal by the member states, following the project's failure in 2011. The...